Cosmopolitan CLIMBS is the Newest Life Plan Company in the Philippines

The Philippines is located along the Pacific Ring of Fire. That's why tsunami, tropical storm, typhoons, volcanic eruption and floods are common here in the country. Getting a life plan is one way to be protected. Thanks to new companies that are launching recently, now we have more choices.

Cosmopolitan CLIMBS Life Plan, Incorporated (CCLPI) the first private and cooperative pre-need company in the Philippines was officially launched at the Marriott Hotel Manila in Pasay on October 2.

This is the result of the joint venture of the Cosmopolitan Memorial Chapels and CLIMBS Life and General Insurance Cooperative that aims to provide affordable insurance to the Filipino people. Cosmopolitan Memorial Chapels has been in business since 1950, founded by Renato Dychangco Sr. It has already served thousands of families, expatriates and overseas Filipino workers who seek better services for their memorial needs. CLIMBS Life and General Insurance Cooperative is a composite insurance cooperative that was organized in 1971 and currently one of the leading micro insurance provider in Southeast Asia now with 3.5 million insured bodies, net premium of P1.107 billion and non-life premiums of P300 million in 23,941 policies.

Mr. Fermin Gonzales, CCLPI Group Executive Officer

"Our dreams is now realized. We can provide protection and services to our members especially in the marginalized sector. Our prayer has been answered! CLIMBS is more than just protection. CCLPI is a private-cooperative partnership with the forefront and industry solely. It is now time that the private sector and the cooperative sector can join forces. We aim to serve the marginalized sector or the grassroots. And with the synergy, we know that there is no room for failure, " said Mr. Fermin Gonzales, CCLPI Group Executive Officer.

CCLPI Vice Chairperson Ret. Major General Gilbert Sanchez Llanto

"This is a way of addressing a basic need which as of this time is quite monopolized by one player, What we're offering here is a choice, relevance, peace of mind and basically lower cost. This is backed by two very important entities: Cosmopolitan and Climbs. Backed by so many years of experience. I think we can assure you of a very dependable services." said CCLPI Vice Chairperson Ret. Major General Gilbert Sanchez Llanto

Mr. Oly Dychangco, the Chairman of Cosmopolitan CLIMBS Life Plan Incorporated

"A private sector and a cooperative has merged together. Our promise to the buying public is to make sure their protection not only now but in the years to come. " said Mr. Oly Dychangco, the Chairman of Cosmopolitan CLIMBS Life Plan Incorporated.

"We assured the public that we will be catering not only for the people that have money but people from all walks of life. We decided to merge together to make sure that we give protection not only for the rich people but for the common people that's needs help. " he added.

Mr. Noel Raboy, the President and Chief Operating Officer of CCLPI, said the products of Cosmopolitan CLIMBS will help Filipinos attain financial freedom. "With the birth of a preneed company that focuses on life plan, it's very exciting. We can serve a lot of people especially in the grassroots because of the affordable plans that we will offer very soon. With the synergy we can produce more and we can help a lot of people especially in the grassroot sector. " said Mr. Raboy.

The company launch was headed CLIMBS President and CEO Fermin L. Gonzales together with Cosmopolitan CLIMBS Life Plan Inc., Chairman Oly Dechangco, members of the Board Directors, President and COO Noel D. Raboy. Insurance Deputy Commissioner Dennis B. Funa was also among those who graced the event.

Cosmopolitan CLIMBS Life Plan Inc. received the PRE-NEED LICENSE to sell from Insurance Commissioner Dennis B. Funa. The Certificate of Registration and License No. PN- 2017-19-0 issued last August 2017.

In the next few days, Cosmopolitan CLIMBS Life Plan Incorporate's insurance packages will be set up publicly that will surely help many families have the peace of mind in their future and for their loved ones.

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JL Santiago Aquino

A millennial lifestyle blogger from Caloocan City who adores trying new things. ✨ Email: Follow @JayL_Aquino on Instagram, Twitter, TikTok & Facebook.


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